The Cypriot law allows wealthy foreigners to become permanent residents by investing at least €300,000 in real estate, units of investment funds or securities of local companies. An investor can obtain permanent residency with a family, including a spouse, children under 25 and spouses' parents.
Permanent residence is a life-long status; thus, you don't have to extend it like a residence permit. Children under 18 become permanent residents with the investor, and newborns inherit the status.
If permanent residence is maintained for five years, its holder can apply for a passport. Cyprus allows dual citizenship, and the country's passport provides visa-free entry to 178 states and territories.
An investor can start a business or open a branch of an international company in Cyprus. The corporate tax will be levied at the lowest rate in the EU — 12.5%.
A Cypriot permanent resident can open accounts, keep savings, take out loans and cut transactional costs by using the services of European banks.
Permanent residence helps to get a Schengen or US visa quickly by applying to consulates in Cyprus.
Immigrant Invest is an official representative of the Cyprus Golden Visa Program. We help investors obtain permanent residence, select and buy real estate, open a bank account, and register tax residency in Cyprus.
We work exclusively with official investment immigration programs in the European Union and the Caribbean and hold corresponding licences.
Due Diligence of each applicant is the basis of all approved applications from our clients and the minimisation of the rejection risks to 1%. Our Compliance Department conducts a preliminary check before applying for Cyprus permanent residence.
We accompany our clients throughout the process, from the first consultation and setting up the goals to Due Diligence, applying for and obtaining permanent residence and maintaining the status.
Due Diligence is a crucial stage of any investment program.
Immigrant Invest is one of the few companies in the industry with an in-house Compliance Department conducting a preliminary Due Diligence check.
Our team includes 40 specialists united by the same goal — to find the best solution for the client, considering their tasks.
Immigrant Invest’s lawyers are members of IMC, an international association for investment migration. Besides, we have in-house certified Anti Money Laundering Officers.
Learn more about the updates and changes to the Cyprus Golden Visa Program and the nuances of starting a business, choosing a university or living in the country from expert articles in our blog.
